💎 Tiffany Release $51k NFTs! - 1st August, 2022

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24hr Market Overview 📈

NFT Market Recap

Over the weekend and on Monday, Opensea saw increasing trading volume. There was around $43.1 million in sales this weekend. NFT trading volume has plateaued in recent weeks, with the whole of July trading at around $13m - $17m each day, with no major movement either way.

Biggest Purchases

🥇 #1) CryptoPunk #6874 bought for 300 ETH ($513,401.96)

🥈 #2) Invisible Friends #4619 bought for 190 ETH ($319,449.75)

🥉 #3) Bored Ape Yacht Club (SN# 5757) bought for 190 ETH ($319,449.75)

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Latest NFT News 📰

💎 On Sunday, July 31, Tiffany & Co announced that it will be launching its NFT — “NFTiff,” exclusively available to CryptoPunk owners. The collection is made up of 250 digital assets that grant holders access to a one-of-one example of their Punk in the form of a bespoke pendant. Launching on August 5, the pendants will be priced at 30 Ethereum or $51,000 USD.

📈 Cryptocurrency exchange KuCoin is offering retail investors fractional ownership of top non-fungible tokens (NFT) such as Bored Ape Yacht Club (BAYC) in the form of exchange-traded funds (ETF) available to its customers. Claiming to be the first large exchange to offer such a product, KuCoin’s USDT stablecoin-denominated suite of ETFs are being offered in partnership with Fracton Protocol, a service dedicated to fractionalizing valuable NFTs into fungible Ethereum-based ERC-20 tokens, the companies said on Friday.

Today's Biggest Drops 👀

There's nothing worth minting today, check back tomorrow! 👻

Meme of the Day 🤣

That's all from us! Happy Minting!

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Disclaimer: The NFT Minter Daily DOES NOT provide financial advice. All content within this newsletter is for informational and entertainment purposes only. The NFT Minter Daily is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.